Jake Interrante ✴️

I think part of it, at least vis a vis US/China competition, is that US and western chattering classes find it hard to believe that the market-driven outcome of frontier AI could possibly be right. They basically believe, in their hearts, that the Chinese system, with its “industrial strategy,” has eclipsed capitalism. So they harbor the same inferiority complex toward the Chinese system that many Americans once harbored toward the EU’s system. Their heuristic is that the industrial strategists of China have grasped the whole picture of the technological competition in a way that US industrialists, with their “profit maximizing incentives,” could not possibly have matched. And so any outcome in the economy that is not the result of “strategy” is therefore prima facie worse than what the “strategists” have concocted. They also believe the Chinese strategists possess awesome powers of foresight and the ability to evade all tendencies of financial and economic gravity, due of course to “strategy,” really it’s almost a kind of orientalism. Meanwhile the U.S. industrialists are making new advances in math and science, and the fastest-growing businesses in history, by spending hundreds of billions of dollars on high-margin chips whose legacy is in rendering video games, cramming them underneath tents if need be, and investing generational capital into new energy generation technologies as they do it, and perhaps even colonizing space as an instrumentally convergent result. But none of that is “strategy,” you see.